Tag: decline
October sales volumes underwhelm expectations, reverting to a contraction
Stats SA’s latest Retail Sales data commentary by Siphamandla Mkhwanazi, FNB Senior Economist.
Following the first expansion of the year in September, retail sales volumes reverted to contractionary territory, declining by 2.5%...
June Retail Sales data point to near-term retail property market pressure continuing
By John Loos, Property Sector Strategist at FNB Commercial Property Finance
June Retail sales recorded the 7th consecutive real (inflation-adjusted) year-on-year decline, to the tune of -0.9%, following on a revised -1.6%...
Cape Town’s unemployment down 2,6%, lowest of the metros
Mayor Geordin Hill-Lewis says the City is encouraged by unemployment in Cape Town declining by 2,6 percentage points, with the city maintaining the lowest unemployment rate of the metros. However, much...
Job statistics cause for “cautious optimism” – President Ramaphosa
President Cyril Ramaphosa says the latest employment figures – which show a decline in the unemployment rate for the second quarter of 2021 – are cause for cautious optimism in the...
Absa Purchasing Managers’ Index (PMI) declines by 3.1 points in December to 54.1
The seasonally adjusted Absa Purchasing Managers’ Index (PMI) lost some momentum in December 2021 but remained in expansionary territory. The headline index declined by 3.1 points to 54.1. Excluding inventories, all the major...
Rail in decline – a precursor to road deterioration?
A Bee in My Bonnet column. By: Robin Hayes - Editor at CBN.
There is always a consequence.
NOT having embarked on a long road trip since leaving Johannesburg for good, seven years...
The decline and fall – one in five municipalities in a state of collapse
by Jordan Griffiths, First published by The Daily Maverick on 06 October 2020.
THE collapse of a local municipality is easy to spot. The first warning signs always come from the finance departments. It...
How the decline in Chinese tourists around the world has hit the luxury sector
Large groups of Chinese visitors have become a pillar of the global tourism industry. Coronavirus has not only put paid to this enormous source of income for major cities and sights...
African smartphone market suffers 17.8% decline due to Covid-19
INSIGHTS from International Data Corporation (IDC) reveal that the COVID-19 pandemic has led to one of the largest quarterly dips in Africa’s smartphone market since 2015. The global technology research and...
SA water levels on the decline
South Africans have been encouraged to save water, as water resources and dam levels across the country, with the exception of the Western Cape, continue to decline consistently week-on-week.
“The national water...
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